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Key Market Insights
§ Over 55 novel ophthalmic products are currently available /being developed for various therapeutic, diagnostic & monitoring and drugdelivery applications; their growing popularity is evident across social mediaas well
§ The current market landscape features both industry andnon-industry players across the world, having proprietary products in differentstages of development
§ The introduction of bionic eyes has revolutionized thetreatment landscape; with three products already in the market, several playersare engaged in the development of such solutions
§ Case Study: In order to increase the adoption of marketed products,companies have developed and implemented a diverse range of promotionalstrategies
§ Partnership activity across theglobe is indicative of the increasing interest of stakeholders in developingnovel products for use in treating ophthalmic disorders
§ In fact, close to 7,500 patents covering innovative contactlens technologies have been granted / filed in the given time period,significantly strengthening the intellectual capital in this domain
§ A number of prominent scientistsfrom renowned universities, owing to their involvement in clinical developmentefforts, have emerged as key opinion leaders
§ The market is poised to grow at a steady pace asstakeholders tap the multi-billion potential in the coming decade; theopportunity is likely to be well distributed across various products, targetindications and regions
§ In the long term, the opportunity is likely to be segmentedacross diverse therapeutic modalities, immune checkpoint targets and routes ofadministration
For more information, please visit https://www.rootsanalysis.com/reports/view_document/next-generation-contact-lenses-and-visual-prostheses-market-2019-2030/244.html
Contact Details
Gaurav Chaudhary
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